Tokenomics
FUNC is the utility token powering the Function Network, facilitating staking, rewards, and governance in a decentralized AI ecosystem.
π FUNC Token Utility
π Staking β Providers and gateways must stake FUNC tokens to participate in the network.
π Rewards β Staked participants earn FUNC based on their contribution to AI inference.
βοΈ Governance β Future governance proposals and treasury management may be FUNC-holder driven.
π° Earning FUNC
πΉ Compute providers & gateways earn FUNC by contributing compute power during each epoch. πΉ Rewards are proportional to the share of total shards (work units) contributed.
Example Calculation:
Total epoch reward pool: 10,000 FUNC
Your contribution: 10% of total shards
Your earnings: π― 1,000 FUNC
π Economic Design
π Fixed Supply & Scarcity
FUNC has a fixed supply of 1,000,000,000 tokens, ensuring long-term value retention.
No inflationary mechanisms. FUNCβs utility is driven by demand and network participation.
π¦ Treasury & Network Growth
The treasury is allocated for ecosystem development, community initiatives, and staking rewards.
Governance mechanisms will allow FUNC holders to propose and vote on treasury allocation.
FUNC fuels a decentralized, scalable AI network, ensuring fair rewards, governance, and long-term sustainability. π
Last updated